MNST
Monster Beverage Corporation
Is MNST Halal?
Energy drink company — health concerns.
What You Should Know
Monster produces high-caffeine energy drinks. Health and marketing concerns. Its March 31, 2026 Form 10-Q reports $10,843.533 million of assets, $2,039.700 million of cash, $1,715.693 million of interest-bearing securities, $1,882.808 million of receivables and $2,353.291 million of quarterly sales. Liquidity/assets is 34.63% and receivables-plus-cash/assets is 36.17%; the examined FTSE, MSCI and Malaysia asset-liquidity limits fail while product-activity allocation remains incomplete.
⚠️ Concerns
- •High sugar/caffeine
- •Alcohol-brand segment requires activity clarification
- •Large cash and investment balances
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-15.
0 / 10,843.533
3,755.393 / 10,843.533
3,922.508 / 10,843.533
28.6 / 2,353.291
- Financial
- Fails
- Overall
- Fails
Debt/assets is 0.00%, liquidity/assets is 34.63% and receivables-plus-cash/assets is 36.17%; liquidity exceeds the examined 33.333% limit. Disclosed interest income is 1.22%, while activity remains incomplete.
- Financial
- Fails
- Overall
- Fails
Liquidity/assets is 34.63%, above the examined 33.33% total-assets limit; debt and receivables-plus-cash are below their examined limits. This is a calculation against the named method, not an index-membership claim.
- Financial
- Fails
- Overall
- Fails
Identifiable conventional cash and interest-bearing securities are 34.63% of assets, above the examined 33% limit; the product activity remains qualitatively incomplete.
- Financial
- Not calculated
- Overall
- Fails
A properly licensed and reproducible historical market-cap series is not stored; market-cap methods cannot cure the failed asset-liquidity screen.
Business-activity disclosure
Monster sells energy drinks and related beverages. The retained qualitative review flags high caffeine, sugar and marketing concerns; the filing also references an alcohol-brands segment, but it does not provide a universal prohibited-revenue numerator for that mix.
Limitation: No scholar-universal prohibited-revenue allocation is inferred from segment names or product descriptions.
Purification
Monster discloses $28.6 million of interest income, but no scholar-approved purification percentage is asserted for the beverage and alcohol-brand mix.
Inputs, assumptions and primary sources
- Amounts are USD millions from Monster's March 31, 2026 Form 10-Q.
- Cash is $2,039.700 million; short-term investments of $945.293 million and investments of $770.400 million are included in interest-bearing securities; accounts receivable is $1,882.808 million.
- Quarterly net sales are $2,353.291 million and disclosed interest income is $28.600 million, or 1.22% of net sales.
- The filing does not provide a scholar-universal prohibited-revenue numerator for alcohol-brand, flavor or distribution activity, so the business screen remains incomplete.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
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